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Daily Archives: Mar 18, 2010

UCO “Aregak” has no plans to enter the market of consumers’ crediting

UCO “Aregak” has no plans to enter the market of consumers’ crediting

Armenian Central Bank placed State (treasury) long-term coupon bonds in the amount of 590 million drams

Armenian Central Bank placed State (treasury) long-term coupon bonds in the amount of 590 million drams

Recovery in Armenia to become visible only in 2011 and 2012

Recovery in Armenia to become visible only in 2011 and 2012

Armenian Dram may depreciate to 420 per one USD

Arsen Sarkisian, the chief dealer of Cascade Bank, predicted today a further depreciation of the national currency to 420 Drams per one USD.

EBRD president Thomas Mirow visits Armenia

EBRD President Thomas Mirow has arrived today in Armenia as part of his three-day trip to the South Caucasus. This will be Mr. Mirow’s first official visit to Armenia since taking office in July 2008.

EBRD president to give news conference today

European Bank for Reconstruction and Development (EBRD) president Thomas Mirow will give a news conference at 8.15 pm today at Marriott Armenia Hotel in Yerevan.

Armenia’s central bank warns commercial banks against refusing to sell forex

Armenia’s Central Bank warned Wednesday it would process cases against those commercial banks which would refuse to sell foreign currency to citizens.